NYSE:ET - Energy Transfer LP Unit Stock Price, News & Analysis

$13.18
-0.50 (-3.65 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$13.12
Now: $13.18
$13.63
50-Day Range
$13.10
MA: $14.27
$15.15
52-Week Range
$11.68
Now: $13.18
$18.32
Volume12.45 million shs
Average Volume12.23 million shs
Market Capitalization$34.57 billion
P/E Ratio11.46
Dividend Yield8.82%
Beta1.54
Energy Transfer LP provides energy-related services in the United States and China. The company owns and operates approximately 9,400 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,200 miles of interstate natural gas pipelines. It sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipelines, processing plants, treating facilities, and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. It also owns approximately 4,769 miles of NGL pipelines; NGL and propane fractionation facilities; NGL storage facilities with working storage capacity of approximately 45 million barrels (Bbls); and other NGL storage assets and terminals with an aggregate storage capacity of approximately 11 million Bbls. The company also sells gasoline, middle distillates, and motor fuel at retail, as well as crude oil, NGLs, and refined products; operates convenience stores; and distributes motor fuels and other petroleum products. It provides natural gas compression services; carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 2002 and is based in Dallas, Texas.

Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone214-981-0700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$54.09 billion
Cash Flow$1.8154 per share
Book Value$12.20 per share

Profitability

Net Income$1.66 billion

Miscellaneous

Employees11,768
Outstanding Shares2,623,240,000
Market Cap$34.57 billion
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

Receive ET News and Ratings via Email

Sign-up to receive the latest news and ratings for ET and its competitors with MarketBeat's FREE daily newsletter.


Energy Transfer LP Unit (NYSE:ET) Frequently Asked Questions

What is Energy Transfer LP Unit's stock symbol?

Energy Transfer LP Unit trades on the New York Stock Exchange (NYSE) under the ticker symbol "ET."

How often does Energy Transfer LP Unit pay dividends? What is the dividend yield for Energy Transfer LP Unit?

Energy Transfer LP Unit announced a quarterly dividend on Thursday, July 25th. Investors of record on Tuesday, August 6th will be paid a dividend of $0.305 per share on Monday, August 19th. This represents a $1.22 annualized dividend and a yield of 9.26%. The ex-dividend date of this dividend is Monday, August 5th. View Energy Transfer LP Unit's Dividend History.

When did Energy Transfer LP Unit's stock split? How did Energy Transfer LP Unit's stock split work?

Energy Transfer LP Unit shares split before market open on Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly minted shares were payable to shareholders after the closing bell on Thursday, June 12th 2014. An investor that had 100 shares of Energy Transfer LP Unit stock prior to the split would have 200 shares after the split.

How were Energy Transfer LP Unit's earnings last quarter?

Energy Transfer LP Unit (NYSE:ET) announced its earnings results on Wednesday, August, 7th. The pipeline company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.36 by $0.03. The pipeline company earned $13.88 billion during the quarter, compared to analysts' expectations of $14.49 billion. Energy Transfer LP Unit had a net margin of 4.99% and a return on equity of 9.10%. The business's revenue was down 1.7% compared to the same quarter last year. View Energy Transfer LP Unit's Earnings History.

When is Energy Transfer LP Unit's next earnings date?

Energy Transfer LP Unit is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Energy Transfer LP Unit.

What price target have analysts set for ET?

8 analysts have issued 1 year target prices for Energy Transfer LP Unit's shares. Their forecasts range from $18.00 to $22.00. On average, they expect Energy Transfer LP Unit's share price to reach $20.00 in the next year. This suggests a possible upside of 51.7% from the stock's current price. View Analyst Price Targets for Energy Transfer LP Unit.

What is the consensus analysts' recommendation for Energy Transfer LP Unit?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer LP Unit in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Energy Transfer LP Unit.

Has Energy Transfer LP Unit been receiving favorable news coverage?

News headlines about ET stock have been trending positive on Saturday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Energy Transfer LP Unit earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for Energy Transfer LP Unit.

Are investors shorting Energy Transfer LP Unit?

Energy Transfer LP Unit saw a increase in short interest in July. As of July 31st, there was short interest totalling 105,202,400 shares, an increase of 8.3% from the June 30th total of 97,148,600 shares. Based on an average trading volume of 10,940,000 shares, the short-interest ratio is currently 9.6 days. Approximately 4.7% of the company's stock are short sold. View Energy Transfer LP Unit's Current Options Chain.

Who are some of Energy Transfer LP Unit's key competitors?

What other stocks do shareholders of Energy Transfer LP Unit own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Transfer LP Unit investors own include Energy Transfer Equity LP Unit (ETE), AT&T (T), Enterprise Products Partners (EPD), Targa Resources (TRGP), Kinder Morgan (KMI), Gilead Sciences (GILD), Ford Motor (F), Verizon Communications (VZ), New Residential Investment (NRZ) and General Electric (GE).

Who are Energy Transfer LP Unit's key executives?

Energy Transfer LP Unit's management team includes the folowing people:
  • Mr. Kelcy L. Warren, Chairman & CEO of LE GP, LLC (Age 63)
  • Mr. Marshall S. McCrea III, Pres, Chief Commercial Officer & Director of LE GP, LLC (Age 60)
  • Mr. Thomas E. Long, Group CFO & Director of LE GP, LLC (Age 62)
  • Mr. Matthew S. Ramsey, COO & Director of LE GP, LLC (Age 64)
  • Mr. Thomas P. Mason, Exec. VP, Gen. Counsel & Pres – LNG of LE GP, LLC (Age 62)

Who are Energy Transfer LP Unit's major shareholders?

Energy Transfer LP Unit's stock is owned by many different of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (3.52%), Invesco Ltd. (2.38%), Alps Advisors Inc. (2.37%), Morgan Stanley (2.13%), Bank of Montreal Can (1.77%) and Kayne Anderson Capital Advisors LP (1.62%). Company insiders that own Energy Transfer LP Unit stock include Kelcy L Warren, Michael K Grimm, Ray C Davis, Richard D Brannon, Thomas E Long and Thomas P Mason. View Institutional Ownership Trends for Energy Transfer LP Unit.

Which major investors are selling Energy Transfer LP Unit stock?

ET stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Natixis, California Public Employees Retirement System, Texas Yale Capital Corp., Waddell & Reed Financial Inc., Kayne Anderson Capital Advisors LP, Magnetar Financial LLC and Fort Washington Investment Advisors Inc. OH. View Insider Buying and Selling for Energy Transfer LP Unit.

Which major investors are buying Energy Transfer LP Unit stock?

ET stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Bank of Montreal Can, Chickasaw Capital Management LLC, Eagle Global Advisors LLC, Wells Fargo & Company MN, Miller Howard Investments Inc. NY, Duff & Phelps Investment Management Co. and Morgan Stanley. Company insiders that have bought Energy Transfer LP Unit stock in the last two years include Kelcy L Warren, Michael K Grimm, Ray C Davis, Richard D Brannon and Thomas E Long. View Insider Buying and Selling for Energy Transfer LP Unit.

How do I buy shares of Energy Transfer LP Unit?

Shares of ET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Energy Transfer LP Unit's stock price today?

One share of ET stock can currently be purchased for approximately $13.18.

How big of a company is Energy Transfer LP Unit?

Energy Transfer LP Unit has a market capitalization of $34.57 billion and generates $54.09 billion in revenue each year. The pipeline company earns $1.66 billion in net income (profit) each year or $1.15 on an earnings per share basis. Energy Transfer LP Unit employs 11,768 workers across the globe.View Additional Information About Energy Transfer LP Unit.

What is Energy Transfer LP Unit's official website?

The official website for Energy Transfer LP Unit is http://www.energytransfer.com/.

How can I contact Energy Transfer LP Unit?

Energy Transfer LP Unit's mailing address is 8111 Westchester Drive Suite 600, DALLAS TX, 75225. The pipeline company can be reached via phone at 214-981-0700 or via email at [email protected]


MarketBeat Community Rating for Energy Transfer LP Unit (NYSE ET)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  175 (Vote Outperform)
Underperform Votes:  157 (Vote Underperform)
Total Votes:  332
MarketBeat's community ratings are surveys of what our community members think about Energy Transfer LP Unit and other stocks. Vote "Outperform" if you believe ET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ET will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/24/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel